How do I modify the bank mandate submitted to you?
Currently, we do not support modification of your bank mandate through the app. Please contact customer support to modify your bank mandate.
What is a bank mandate? Why is it needed?
A bank mandate is an authorised document submitted by you, the account holder, to your bank to authorise Glide Invest to transfer money from your bank account to the bank account of the Mutual Funds based on the orders placed by you. This transfer is ...
What is the difference between eMandate and paper-based Mandate?
There are 2 methods of getting your mandate approved through our application: eMandate (or electronic Mandate): this mandate is setup using your Netbanking or Debit Card through your bank's website. It takes about 5-7 working days for your bank to ...
Why do you need my bank account details?
As per regulation from SEBI, we need to verify that the bank account details submitted by you belong to you. Further this bank account will be used to deduct money for investments across Mutual Fund houses. When you sell a mutual fund, money is ...
How can I trust you not to misuse my mandate, bank account and other information?
Your bank mandate is a detailed and binding legal document which authorises us to do tasks only as per your instructions. We cannot do anything else outside of your authorised instructions nor will your bank allow for any unauthorised transaction to ...
Are there any charges for a bank mandate?
At Glide Invest, we do NOT charge anything for registering or using your bank mandate, but your bank may impose a fee for registering the mandate. You may contact your bank for further details.